Former Energy Minister Udaya Gammanpila says Lanka-India Oil Company (LIOC) has effectively taken itself out from the local petroleum market and is pricing its products in line with economic realities. News. Address: Chundukuli, Jaffna, Sri Lanka. Accordingly, prices of Octane 92 Petrol and Auto Diesel will be increased by Rs. LIOC Fuel Filling Station is located at Chundukuli, Jaffna, Sri Lanka. Trending now. More info] Industrial Products.

Source link. 5 per litre, reports say. So we have decided offer our support to them and refrained from handling fuel transportation, Sandanayake said. He claimed the losses are around Rs.42 per litre on the selling [] SPC spends Rs. The Lanka Indian Oil Company (LIOC) says the company has not made a decision to curtail its supply to the market, despite having suffered losses in light - Get the latest breaking news and top . Accordingly, prices of Octane 92 Petrol and Auto Diesel will be increased by Rs. Accordingly, a litre of Auto Diesel which was sold at Rs 99 has been increased by Rs 4 and will be sold at Rs 103 from today (Feb 12) onwards. Appropriately, costs of Octane 92 Gas and also Automobile Diesel will certainly be raised by Rs. Prices CEYPETCO. Former Energy Minister Udaya Gammanpila says Lanka-India Oil Company (LIOC) has effectively taken itself out from the local petroleum market and is pricing its products in line with economic realities. Shipment of 3,500 MT arrived yesterday. They kept its pumps open throughout Tuesday as the cash-starved government's fuel entity's fuel stations did not operate in the island nation. The Free Library > General . The LIOC had increased the price. The Ceylon Petroleum Corporation (CPC) and Lanka Indian Oil Corporation (LIOC) have reduced fuel prices from midnight tonight. The LIOC expanded its distribution network by providing fuel continuously when the CPC pumps went largely dry. 24-05-2022. Annual Reports; Ceypetco . Kegalle SSP confesses to offering orders to open up fire At the very . Lanka IOC has decided to increase fuel prices from today midnight (21). Petroleum Minister A.H.M. Fuel crisis worsens (Daily Mirror) 2 day (s) ago. Toggle Navigation 99Nearby. More information on this place. Accordingly, a litre of Auto Diesel which was sold at Rs 99 has been increased by Rs 4 and will be sold at Rs 103 from today (Feb 12) onwards. 644 million on software that does not meet standards . Public urged not to queue up for fuel in next 3-4 days; SLTB depots to issue fuel for private buses (AdaDerana) 2 day (s) ago. Missing 15-Year-Old found Police. The price of a litre of Lanka Auto Diesel has been increased by Rs.3 and thus the new price is Rs.124.

(Yesterday / Today / Tomorrow) ( / / ) ( / / ) Tags: NEWS. 373 to 450), auto diesel increased by Rs . Minister of Power Gamini Lokuge has instructed the CEB Chairman M.M.C.

Speaking on the matter, Ceylon Petroleum Private Tankers' Owners Association Secretary Shantha Silva . According to LIOC Managing Director Manoj Gupta the first shipment is expected between July 13 and 15 and the second between July 29 and 31, while the final shipment . 2500/- and for cars up to Rs.7000/- etc. The price of a litre of Lanka Auto Diesel has been increased by Rs.3 and thus the new price is Rs.124. So we have decided offer our support to them and refrained from handling fuel transportation, Sandanayake said. LIOC decided to raise prices after the Government failed to follow through on a commitment made last year to introduce a cost- reflective fuel price formula by March 2018. Source link . The Minister said that a detailed . The prices have been reduced under the pricing formula of the Finance Ministry announced today. A similar mechanism was to have been introduced by September 2018 for . The revision of prices also [] A B I Servo Shop No 32, Kandasamy Kovil Road, Vavuniya , 077 042 9339 Servo Shop. Due to mounting losses in the backdrop of a surge in international fuel prices, Lanka IOC said an increase in the prices of petrol and diesel is on the cards.

A G A Oil Mart 2nd Lane, Kajugaswatta, Meetiyagoda , 077 736 8957 / 071 535 3561 Servo Shop. Accordingly, prices of Octane 92 Petrol and Auto Diesel will be increased by Rs. The fuel distribution lists that had been published by the CPC for yesterday (18) were removed first from the corporation's websites and social media accounts. . Lanka IOC has decided to increase fuel prices from today midnight (21). LIOC wattawala Fuel Station is a Petrol Pump located in Watawala.It is one of the 1817 Petrol pumps in Sri Lanka.Address of LIOC wattawala Fuel Station is A7 Rozella, Watawala, Sri Lanka. 5 per litre, reports say. Lanka IOC has also increased fuel prices to match with Ceypetco prices with effect from midnight today (11). Lanka IOC Plc engages in the retail, importation, and distribution of petroleum products. LIOC fuel prices upped! The Lanka Indian Oil Corporation (LIOC) yesterday said that three shipments of petrol and diesel are expected to arrive in Sri Lanka this month and in August. Reliable petroleum sources told Daily Mirror that the LIOC was selling petrol at a loss of Rs.22 on a litre while it was losing Rs.16 on . Lanka Indian Oil Corporation (LIOC) has also decided to increase fuel prices with the government's decision to hike the fuel price in keeping with pri .. Southern Petroleum (Pvt) Ltd, a fully owned subsidiary of Laugfs Holdings Ltd., recently opened its newest fuel station in a partnership with Lanka IOC PLC (LIOC). ----- Monday, July 19 2021 . Super Diesel (EURO 4) - Rs 129.

Price (Rs. This was quickly followed by the shutting down of the online platform (fuel.gov.lk) developed by the Information and Communication Technology Agency (ICTA). More in this . Last modified on Friday, 22 October 2021 12:13 . Lanka Fuel Oil 1500 Sec. March 11, 2022, 13:16 IST. The 100 per cent fuel distribution will take place on Monday after all the operators report to work. The Lanka Indian Oil Corporation (LIOC) has increased its prices of fuel following last night's price revision of local fuel. He said he had instructed the CEB Chairman to initiate discussions with the LIOC tomorrow to explore feasibility of procuring fuel stocks from the IOC. Accordingly, the price of a litre of petrol (92 octane) has been increased by Rs. By Shamindra Ferdinando. subject to restrictions. Free Online Library: LIOC increases fuel prices. Lanka Fuel Oil 1500 Sec. Historical. The fuel distribution will be streamlined promptly" he added. Lanka IOC PLC is engaged in importing, selling and distribution of petroleum products.

25,748,864 articles and books. June 2, 2022. Please Refer our advertisement dated 30 th September 2018 in major newspapers. May 27, 2022. Facebook; Twitter ; Important posts Fuel Available Places (Fuel Distribution Places / Fuel Filling Stations) in Your Area 2022 - Lanka IOC July 01, 2022. Keyword Title Author Topic. (02/07/2022) . Lubricants. 27 C. Colombo. LIOC . Litro Gas Lanka Ltd. announced yesterday (30) that the daily distribution of 50,000 cylinders of domestic liquefied petroleum gas (LPG), of 12.5 kg, 5 kg, and 2.3 kg quantities, will resume from today afternoon (30) onwards. The company had exclusively asked the consumers not to purchase gas cylinders at a price higher than what Laugfs has quoted. By Malik Gunatilleke. LIOC wattawala Fuel Station is a Petrol Pump located in Watawala.It is one of the 1817 Petrol pumps in Sri Lanka.Address of LIOC wattawala Fuel Station is A7 Rozella, Watawala, Sri Lanka.

July 1, 2022 by Ruwani Fonseka 0 Comments. Power and Energy Minister Kanchana Wijesekera yesterday said that a proposal to set up a system of supplying fuel twice a week according to the final number of the number plate for vehicles other than SLTB and other passenger transport buses and fuel issued to other essential services providing vehicles is being studied.

per Ltr) Effect from (Midnight) Bulk Bitumen 60/70. Printer Friendly.

The Free Library > Communications > News, opinion and commentary > The Colombo Post (Colombo, Sri Lanka) > March 24, 2018. Diesel Xtra Mile - Rs 122. Lanka IOC has decided to increase fuel prices from today midnight (21). Fuel price hike next month as Govt., LIOC discuss new deal. [] May 25, 2022.

1500/- and for three-wheelers up to Rs. The company resumed LP gas distribution yesterday (May 31) after eight days and expects to distribute 50,000 gas cylinders island-wide on a daily basis. Tense situation at fuel station in Meegahathenna (AdaDerana) 2 day (s) ago. Accordingly, prices of Octane 92 Petrol and Auto Diesel will be increased by Rs. Lanka Indian Oil Company (LIOC) announced that it was reducing the price of fuel from midnight today.

( Low Sulphur ) 369.00. April 22, 2022. He said a letter indicating their stance was sent to the Lanka IOC Managing Director subsequent to the meeting held between CPC bowser owner's association and power and energy minister Kanchana Wijesekara on April 30. Due to the sharp increase in the prices of Petrol and Diesel in the international market and steep depreciation of the rupee vis--vis the US dollar, it said oil companies were suffering huge losses. This comes after the two companies had set up an MoU regarding the addition of petrol variants by LIOC at standalone auto LPG filling stations owned and operated by [] Auto Diesel - Rs 118 . News.

The Lanka Indian Oil Corporation (LIOC) has increased its prices of fuel following last night's price revision of local fuel. CPC . The Company's products include fuel, bitumen and bunkering. 3 July, 2022. Minister Wijesekara said two shipments of petrol and diesel will arrive . A senior AI engineer of Google claims that one of the company's artificial intelligence (AI) algorithms called "Lamda"(The Language Model for Dialogue However, the proposed price revision will be kept to the barest minimum taking into consideration its impact on the public, LIOC said in a statement. Sidebar; Menu. The LIOC said it catered to only 16 per cent of the Sri Lankan market, while the remaining 84 per cent relied on Ceylon Petroleum Corporation ( CPC ) supplies. Last modified on Friday, 22 October 2021 12:13 . 82 (from Rs 338 to 420), petrol (95 octane) increased by Rs. "We [] 5 per litre, reports say. Hours: 24 Hours. (02/07/2022) . The CPC is issuing 4,200 mt of petrol and 6,200 mt of diesel daily. Its fuel is available in various categories, such as auto fuel, including diesel and petrol, and industrial fuel, including .

He claimed the losses are around Rs.42 per litre on the selling price of diesel and Rs.10 per litre on petrol compared to the current . The Company operates through two segments: local sales and export sales. price of a litre of Petrol 92 (Octane) has been increased by Rs.7.

2022/01/18. 5 per litre, reports say. By Ifham Nizam. "Discussions on Trincomalee oil tanks began during the COVID-19 lockdown period as we . About; Locations; Gas Stations; LIOC Fuel Filling Station. The LIOC has achieved that objective by keeping its diesel and petrol prices (per litre) Rs 77 . By Stephanie Justin 2 mins ago. 5 per litre, records state. A joint pricing formula for Lanka Indian Oil Company (LIOC) and the Ceylon Petroleum Corporation (CPC) is under discussion, Power and Energy Minister Kanchana Wijesekera stated. As LIOC's losses are very high, a price revision on fuel is necessary to prevent the . ( High Sulphur ) 369.00.

By Shiran Ranasinghe. The revision of prices also [] Trending now. 6/29/2022 08:41:00 AM. Sri Lanka authorities apprehension 117 even more over May 09 Re-scrutinized outcomes of 2020 O'' L test launched Sri . The nearly-bankrupt country, with an acute foreign currency crisis that resulted in foreign debt default, had announced in April that it is suspending nearly USD 7 billion foreign debt repayment due for this year out of about USD 25 billion due through 2026. 05-01-2021. It was a condition the Government agreed to obtain a US$ 1.5bn loan from the International Monetary Fund ( IMF) to avert a balance of payments crisis. Onlanka Fri, 29 Apr 2022 00:00:33 +0000 . It said that the list of dealers with stocks has been updated on the company's . Lanka IOC PLC is engaged in importing, selling and distribution of petroleum products. He was speaking on the thepetrol price hike imposed by LIOC in Sri Lanka, during a media conference held in Colombo. Lanka IOC has decided to increase fuel prices from today midnight (21). Appropriately, the rate of all sorts of Diesel has actually been boosted Rs.75 per litre while the rate of a Gasoline litre has actually been upped by Rs. A H WIMALATUNGA & SON (PVT) LTD. The Company's products include fuel, bitumen and bunkering. Lanka IOC Company has restricted the sale of petrol and accordingly, fuel will be issued for motorcycles up to Rs. "Even after the increase in Lanka Auto Diesel prices, LIOC will still have to bear an under-recovery of Rs.10/litre at prevailing international prices," it said. However, attempts by some to blame LIOC for causing the shortage are mischievous and factually incorrect, and we categorically reject such allegations," the LIOC said in a statement. Lanka IOC has decided to increase fuel prices from today midnight (21). Phone: 021 2 229792. The company has released a list of distribution points from which fuel stocks were sent yesterday from the Trincomalee terminal of Lanka IOC Company. ORD. 2022/06/25. Meanwhile, the LIOC bowsers' association claimed that there would be no bowsers engaged in fuel . The price of a litre of Lanka Auto Diesel has been increased by Rs.3 and thus the new price is Rs.124. The LIOC had increased the price. The Lanka IOC has expanded its distribution network by providing fuel continuously when the CPC pumps went largely dry. March 14, 2022.

Beginning September CPC and LIOC fuel prices will be increased, but the agreement between the LIOC and the Treasury is set to be further delayed, trade sources said. A specialised range of lubricants, oil and other products to keep your business running smoothly. Petrol Extra Premium (EURO 3) - Rs 149. A H M HUSSAIN HADJIAR SONS MATARA RD, WELIGAMA. A joint pricing formula for Lanka Indian Oil Company (LIOC) and the Ceylon Petroleum Corporation (CPC) is under discussion, Power and Energy Minister Kanchana Wijesekera stated. LIOC tells when the fuel ships will arrive Sahan Rathanasekara - July 2, 2022 0 The Managing Director of Sri Lanka IOC has mentioned the dates of arrival of three shipments of diesel and petrol to Sri Lanka. The LIOC has achieved that objective by keeping its diesel and petrol prices (per litre) Rs 77 . price of a litre of Petrol 92 (Octane) has been increased by Rs.7. Foreign Minister meets with reps from the FAO and the WFP to address SL's food security . Manage your company's fuel. Ferdinando to have a discussion with LIOC top management. USA . You May Also Like. Lanka Indian Oil Company (LIOC) announced that it was reducing the price of fuel from midnight today.

The Minister said that a detailed report on the causes of the crisis and the existing management weaknesses with regard to fuel and power would be submitted to Parliament. The Lanka Indian Oil Corporation (LIOC) yesterday said that three shipments of petrol and diesel are expected to arrive in Sri Lanka this month and in August. He claimed the losses are around Rs.42 per litre on the selling [] Ceylon Petroleum Corporation ENERGIZING THE FUTURE Information. Fuel distribution to restart from today May 16, 2022. The Finance Ministry said that the price of Petrol 92 Octane and 95 Octane COPE wants MEPA to recover unpaid monies from shipwrecks!

More petrol, diesel, jet fuel and kerosene shipments are scheduled to arrive in the coming days. 24-05-2022. "Even after the increase in Lanka Auto Diesel prices, LIOC will still have to bear an under-recovery of Rs.10/litre at prevailing international prices," it said. Widest difference in fuel pricing formula since LIOC's entry in 2003. Member of the ruling Sri Lanka Podujana Peramuna (SLPP) - Dilan Perera has urged the public to boycott Lanka Indian Oil Corporation (LIOC) fuel. LIOC said that the price of Lanka Auto Diesel will be reduced by Rs 11 per litre while the price of 92 Octane Petrol has been reduced by Rs 2. Periodicals Literature. 5 & Auto Diesel by Rs. Power Cut Schedule (Power Interruption Timetable) 2022 - Ceylon Electricity Board (CEB) / Public Utilities . He was speaking on the thepetrol price hike imposed by LIOC in Sri Lanka, during a media conference held in Colombo. The firm offers auto fuels, including petrol under the Lanka Petrol and XtraPremium names and diesel under . Products. More info] Franchising Opportunities.

Get Lanka IOC PLC historical price data for LIOC stock.

Colombo: The Lanka Indian Oil Company ( LIOC ), the Sri Lankan subsidiary of India's oil major Indian Oil Corporation has hiked the retail prices of petrol and diesel with effect from Friday due to the significant depreciation of the Sri Lankan Rupee, the third time the firm has increased fuel prices in a month. 5 per litre, reports say. By Shamindra Ferdinando. According to LIOC Managing Director Manoj Gupta the first shipment is expected between July 13 and 15 and the second between July 29 and 31, while the final shipment . The site was only launched last week to provide speedy and accurate . on. January 13, 2022. Lanka IOC has also increased fuel prices with effect from today (June 6), in line with the hike in fuel prices by the state-owned Ceylon Petroleum Corporation (CPC). The Company operates through two segments . "In total 11,507 MT of fuel was delivered compared to the 6,000 MT required daily in Sri Lanka," he told the Parliament, adding that the distribution will take place in a streamlined manner to . New LIOC fuel prices: Petrol 92 Octane - Rs 146. Details can be see through by clicking here . 77 (from Rs. The post Joint LIOC, CPC fuel price formula mooted appeared first on ONLANKA News - Sri Lanka News - Latest Breaking News from Sri Lanka. by "The Colombo Post (Colombo, Sri Lanka)"; News, opinion and commentary General interest.

Litro Gas Lanka Limited, the primary liquefied petroleum gas supplier in Sri Lanka, has released the details of LP gas dealers where the consumers can purchase cylinders today. "This main reason for the fuel crisis is not with the volume of fuel storages but with the fuel distribution. Go! More in this . 3 July, 2022.

Due to the sharp increase in the prices of Petrol and Diesel in the international market and steep depreciation of the rupee vis--vis the US dollar, it said oil companies were suffering huge losses. Fowzie told the Sunday Times the CPC would also raise its fuel prices in September, but the increase in rates was yet to . 5 per litre with effect from midnight today. LIOC fuel prices upped! By Charumini de SilvaThe Ceylon Petroleum Corporation (CPC) is to develop 25 oil tanks in Trincomalee with an estimated investment of $ 20-30 million, a top official told the Daily FT.The move is aimed at creating a robust fuel storage and distribution network in the North, East and North Central Provinces. As such, the new selling price will be Rs.184.

As such, the new selling price will be Rs.184.

5 per litre, reports say. A list of prices has been distributed on a district-to-district . He said a letter indicating their stance was sent to the Lanka IOC Managing Director subsequent to the meeting held between CPC bowser owner's association and power and energy minister Kanchana Wijesekara on April 30. 25 C. Colombo. Investing.com has all the historical stock data including the closing price, open, high, low, change and % change. As such, the new selling price will be Rs.184. LIOC Managing Director Manoj Gupta said the price of a litre of Petrol 92 (Octane) has been increased by Rs.7. LIOC fuel prices upped! ,Weligama ,Sri Lanka 412250915 0530-2300. Lanka IOC has decided to increase fuel prices from today midnight (21). Last modified on Thursday, 21 October 2021 20:34 . Lanka IOC has actually chosen to enhance gas costs from today twelve o'clock at night (21 ). Accordingly, prices of Octane 92 Petrol and Auto Diesel will be increased by Rs. (29) . Bulk Bitumen 80/100. " 3,400 MT of gas cylinders have been filled and prepared for market distribution," said Laugfs Gas in a press release. 50. The Ceylon Electricity Board (CEB) would initiate discussions with Lanka Indian Oil Corporation (LIOC) to procure fuel required for the next few days, Power Minister Gamini Lokuge said today. LIOC fuel prices upped! Petrol Extra Premium 95 (EURO 4) - Rs 158.

LIOC said that the price of Lanka Auto Friday, 15 October 2021 04:27 GMT The Government this week reduced the price of fuel an Sunday, June 5, 2022 . Related Points of Interest Nearby: Lanka Filling Station - S.Saravanapavan Gas Stations Approximately 0.78 km away Address . LIOC fuel prices upped! Widest difference in fuel pricing formula since LIOC's entry in 2003. Lanka IOC's corporate card makes it easier to manage your fuel spending. More in this . SLC clarifies rumours on selling fuel at R. Premadasa Stadium premises (AdaDerana) 2 day (s) ago.